(May 2013) Broadway Malyan wins international competition to design Bandar Malaysia, a new carbon-neutral city that emphasize on pedestrians, international zones and affordable housing. Bandar Malaysia is the former Royal Malaysian Air Force Base in Sg. Besi, also Malaysia's first international airport.

KL north region will be boosted with so many new large scale megaprojects such as Batu Kentomen, Tan Chong's Segambut, KL Metropolis, The Gateway EkoSetapak projects, Sentul redevelopments, Titiwangsa redevelopments, etc

KL south region too will be boosted with so many new large scale megaprojects such as Bandar Malaysia (Sg Besi), Cochrane Urban and private projects such as Mines Wellness City and Datum Medini Kg Pandan.

MMC-Gamuda will likely be the biggest beneficiary of construction work coming from KVMRT 2. The joint venture is currently the project delivery partner (PDP) for KVMRT 1, and so far it has received positive feedback on its progress, said the report.

MMC-Gamuda will likely be the biggest beneficiary of construction work coming from KVMRT 2. The joint venture is currently the project delivery partner (PDP) for KVMRT 1, and so far it has received positive feedback on its progress, said the report.

If the 'circle' line passes through Mont Kiara, then the condos there are due for a re-rating as Plaza Mont Kiara to the junction of Jln Kiara and Jln Duta Kiara is only about 1 km and any stop there will be within walking distance.

If the 'circle' line passes through Mont Kiara, then the condos there are due for a re-rating as Plaza Mont Kiara to the junction of Jln Kiara and Jln Duta Kiara is only about 1 km and any stop there will be within walking distance.

from the map, no, circle line got nothing to do with hartamas or mont kiara area. but seems quite close to desa park city area......

Will be interesting to see if they can extend abit to Selayang (northwards) and Cyberjaya (southwards).

We should also start to look at Circle Line.

Hi accetera kor,

I thought MRT 2 already include Selayang in their route?

Also, are the effects of these MRT lines overstated? The existing Kelana Jaya LRT has a ridership of 460,000 pax daily. This is not very much lesser than the expected ridership of 460,000 for MRT 1 and 540,000 for MRT2. What I mean is, I do not remember people going so crazy about properties around LRTs for example properties around Kelana Jaya LRT station are still not very highly in demand.

1. MRT is different compared to LRT. The economic impact is also different. Judging from Singapore experience.

2. The rail system that we are talking today comes under a unified company and is better managed, integrated as well as regulated. We are also talking about having commercial within rail and creating multi-modal hubs with high focus on feeder buses. All these came only in recent years.

3. Long time ago, our LRT was built to cater to Commonwealth Games and subsequently used mainly by working people going to KL city. However, the traffic and parking condition today is far far more severe than before creating a massive desire to put people onto urban rail.

4. There is also a changing demographics where more and more younger people are working or studying in city or locations near the LRT/MRT. KL has many times more outstation people today too and our foreign tourists have tripled over the last 10 years.

5. Working people today are also more keen on public transport as long as the quality improved and it connects their home to office or shopping malls. People want convenience and saving time, rather than stuck in jams, no-parking situation and a seemingly prefer walking through "air-con" condition. This explained the drastic surge in ridership over the last few years and if the trend continues, our Rail system will have brighter chance to improve.

6. Locations within the current LRT have seen property prices moving upwards. Last time, Kelana Jaya is not worthwhile, but now is a different story.

7. The MRT that we are planning in coming years will be of a high-impact one. Developers believe alot of quality and affordable homes will be built near MRT causing a price hike in the location-specific, partly because those MRT locations have scarcity in land. Also, Prasarana is venturing into integrated property for the first time (they have not done so with LRT so many years).

8. I believe, likewise in Singapore, there'll be some regulatory change whereby entering the City Centre would require car drivers to pay more. Hence forcing more people to get onto the trains. The objective is because the Govt has intention to increase the public transport share by 2020.

1. MRT is different compared to LRT. The economic impact is also different. Judging from Singapore experience.

2. The rail system that we are talking today comes under a unified company and is better managed, integrated as well as regulated. We are also talking about having commercial within rail and creating multi-modal hubs with high focus on feeder buses. All these came only in recent years.

3. Long time ago, our LRT was built to cater to Commonwealth Games and subsequently used mainly by working people going to KL city. However, the traffic and parking condition today is far far more severe than before creating a massive desire to put people onto urban rail.

4. There is also a changing demographics where more and more younger people are working or studying in city or locations near the LRT/MRT. KL has many times more outstation people today too and our foreign tourists have tripled over the last 10 years.

5. Working people today are also more keen on public transport as long as the quality improved and it connects their home to office or shopping malls. People want convenience and saving time, rather than stuck in jams, no-parking situation and a seemingly prefer walking through "air-con" condition. This explained the drastic surge in ridership over the last few years and if the trend continues, our Rail system will have brighter chance to improve.

6. Locations within the current LRT have seen property prices moving upwards. Last time, Kelana Jaya is not worthwhile, but now is a different story.

7. The MRT that we are planning in coming years will be of a high-impact one. Developers believe alot of quality and affordable homes will be built near MRT causing a price hike in the location-specific, partly because those MRT locations have scarcity in land. Also, Prasarana is venturing into integrated property for the first time (they have not done so with LRT so many years).

8. I believe, likewise in Singapore, there'll be some regulatory change whereby entering the City Centre would require car drivers to pay more. Hence forcing more people to get onto the trains. The objective is because the Govt has intention to increase the public transport share by 2020.

Bother, it took Singapore > 30 years, to have superb public transport connection today.

& only last 5 years Singapore started to build extra links non stop.

While I am sad, Malaysia like to build LRT & ktm from initial, and still poor connections 10 years back... Most of the time, I really cannot understand and appreciate the initial planning...

Bandar Sri Damansara is most likely within Damansara Avenue as developer lobbying. The only problem either Sri Damansara or Bandar Menjalara gets or BOTH also get. That is the radial line along Jalan Kuala Selangor/MRR2 starting from Sg Buloh KTM-Damansara Damai.

Bandar Sri Damansara is most likely within Damansara Avenue as developer lobbying. The only problem either Sri Damansara or Bandar Menjalara gets or BOTH also get. That is the radial line along Jalan Kuala Selangor/MRR2 starting from Sg Buloh KTM-Damansara Damai.

I was wondering why Damansara Avenue launch is so slow. Maybe pending for such great news...

Initial shape of Damansara Avenue is coming up. Good for Sri Damansara residences.

Will be interesting to see if they can extend abit to Selayang (northwards) and Cyberjaya (southwards).

We should also start to look at Circle Line.

Is Selayang already part of the route? The recent map posted shows the line passing through the edge of Selayang(no station?) going to Kepong but in the article, it was mentioned that SP Setia will benefit from Selayang and also Selayang was mentioned in previous various articles that I read. Then now, you say it would be nice if they can extend to Selayang. So now, I am very confused. Hope can clarify a bit.

Is Selayang already part of the route? The recent map posted shows the line passing through the edge of Selayang(no station?) going to Kepong but in the article, it was mentioned that SP Setia will benefit from Selayang and also Selayang was mentioned in previous various articles that I read. Then now, you say it would be nice if they can extend to Selayang. So now, I am very confused. Hope can clarify a bit.

I think u got it right

selayang was mentioned going to kepong.

but it is more on kepong side of selayang or jinjang side of selayang. not center part of selayang.

- Bandar Baru Selayang- Batu Caves (instead of just Batu)- Connect to Titiwangsa instead of just Jalan Ipoh- KLCC needs a connection to Bukit Bintang or somewhere nearby- I think Maluri is a better interchange than Plaza Phoenix- Let's do Taman Connaught via Jalan Alam Damai? - After Serdang KTM should not be a branch, instead it goes upwards to Seri Kembangan first- I suggest Seri Kembangan thereafter head westwards towards Taman Equine and then Bandar Bukit Puchong-Puchong Prima intersecting with one of the LRT Ampang Line stations in Puchong.

The southern Exchange Station for MRT 2 will be at Phoenix Plaza, it will go via Tmn Len Sen & join the Alam Damai Main Road. Most likely there will be a Station near the PR1MA project in Alam Damai. It will then pass through Damai Perdana to Serdang & Putrajaya.Most likely the announcement will be made in July or August after Cabinet approval. Property Prices will go up again

The southern Exchange Station for MRT 2 will be at Phoenix Plaza, it will go via Tmn Len Sen & join the Alam Damai Main Road. Most likely there will be a Station near the PR1MA project in Alam Damai. It will then pass through Damai Perdana to Serdang & Putrajaya.Most likely the announcement will be made in July or August after Cabinet approval. Property Prices will go up again

Where do you get the source from ? or from the air only ?I also hope the route is as per mentioned...as i stay there also..ha..ha..

QUOTE(mybuddi99 @ May 26 2013, 12:04 PM)

The southern Exchange Station for MRT 2 will be at Phoenix Plaza, it will go via Tmn Len Sen & join the Alam Damai Main Road. Most likely there will be a Station near the PR1MA project in Alam Damai. It will then pass through Damai Perdana to Serdang & Putrajaya.Most likely the announcement will be made in July or August after Cabinet approval. Property Prices will go up again

- Bandar Baru Selayang- Batu Caves (instead of just Batu)- Connect to Titiwangsa instead of just Jalan Ipoh- KLCC needs a connection to Bukit Bintang or somewhere nearby- I think Maluri is a better interchange than Plaza Phoenix- Let's do Taman Connaught via Jalan Alam Damai? - After Serdang KTM should not be a branch, instead it goes upwards to Seri Kembangan first- I suggest Seri Kembangan thereafter head westwards towards Taman Equine and then Bandar Bukit Puchong-Puchong Prima intersecting with one of the LRT Ampang Line stations in Puchong.

What you guys think?

While I don't really hope for MRT @ Cyberjaya, it looks like there is a need, to make people moving into this future highrise city...

The BN Govt is pushing for it mah. After winning the GE13, they will push through in the name of "Development" lor. On the other hand it's also good. The traffic jam is getting from bad to worst. The MRT 2, if approve, may be ready around 2019 or 2020

- Bandar Baru Selayang- Batu Caves (instead of just Batu)- Connect to Titiwangsa instead of just Jalan Ipoh- KLCC needs a connection to Bukit Bintang or somewhere nearby- I think Maluri is a better interchange than Plaza Phoenix- Let's do Taman Connaught via Jalan Alam Damai? - After Serdang KTM should not be a branch, instead it goes upwards to Seri Kembangan first- I suggest Seri Kembangan thereafter head westwards towards Taman Equine and then Bandar Bukit Puchong-Puchong Prima intersecting with one of the LRT Ampang Line stations in Puchong.

What you guys think?

Bro accetera, northern part i think it would be good they could extend to Selayang Hospital and FRIM for better public facilities connection, center part yes good to connect to Titiwangsa, agree on the southern part of Equine and Puchong connection.

Mrt 1 n 2 r moving to the southern part of greater kl. No doubt. Lots of gravity there.

QUOTE(accetera @ May 26 2013, 12:30 AM)

On top of existing plans, areas that I think should be served:

- Bandar Baru Selayang- Batu Caves (instead of just Batu)- Connect to Titiwangsa instead of just Jalan Ipoh- KLCC needs a connection to Bukit Bintang or somewhere nearby- I think Maluri is a better interchange than Plaza Phoenix- Let's do Taman Connaught via Jalan Alam Damai? - After Serdang KTM should not be a branch, instead it goes upwards to Seri Kembangan first- I suggest Seri Kembangan thereafter head westwards towards Taman Equine and then Bandar Bukit Puchong-Puchong Prima intersecting with one of the LRT Ampang Line stations in Puchong.

[MRT REAL ESTATE AS OF JUNE 2013] * Pedestrian connection will be further confirmed at later stage, however, depending on developments, some developers have proposed to build a link bridge or underpass or road connection with the station.

PropertyTalk & Lifestyle Malaysia https://www.facebook.com/groups/115179435202482/[MRT REAL ESTATE AS OF JUNE 2013] * Pedestrian connection will be further confirmed at later stage, however, depending on developments, some developers have proposed to build a link bridge or underpass or road connection with the station.

THE potential move to impose curbs on the Developer Interest-Bearing Scheme (DIBS) by Bank Negara may be negative for some developers in the short term and has little effect on banks.

StarBiz had reported that Bank Negara was studying the risks arising from the DIBS, with a view of potentially imposing curbs on it.

Basically, if you purchase property from a developer who offers DIBS financing packages, then the developer would bear the interest for the loan during the construction period.

In other words, you don't have to pay anything to the bank until construction is complete. You only start paying the bank instalments after the property is fully constructed.

DIBS has become a popular and easy financing package offered in joint-promotional activities between banks and developers in recent years.

CIMB Investment Bank Bhd research head Terence Wong said if the move by the central bank were true, then it would be "negative" for developers in the short term, although not entirely unexpected, as speculation on such a move had already surfaced in May.

"Although such a policy would have a negative impact on speculative demand, we believe the impact on earnings would be muted, while creating a healthier property market led more by fundamentals," he said, adding that he had heard whispers over the past few weeks on the possibility.

"We remain overweight' on the property sector, with Mah Sing Group Bhd as our top pick, and robust sales and earnings growth as sector catalysts. Any weakness in property stocks is an opportunity to accumulate, in our view," Wong added. Industry players are still awaiting a formal announcement from the central bank, if any.

Mah Sing's group managing director and chief executive Tan Sri Leong Hoy Kum pointed out that there has been no announcement on interest-bearing schemes thus far.

However, he hopes that any implementation would take into consideration the industry's feedback and the current market condition.

In addition, Leong said the lending environment was generally still conducive, with financing liquidity still attractive and interest rates still low.

While Mah Sing offers DIBS packages for some of its projects, it does not offer the scheme for its industrial, commercial and landed residential projects.

Hong Leong Investment Bank Research, meanwhile, believes that developers with a high concentration of high-end, high-rise developments such as Eastern & Oriental Bhd would be the most severely affected.

However, it reckoned that other major developers within its coverage would not be as badly affected, given their exposure to this policy shift would comprise less than 50% of their sales.

Kenanga Research analysts said there was market talk that Bank Negara might want to do without the easy financing packages as part of the property lending curb.

However, they say quick checks with developers under their coverage indicated that the developers were not extending this scheme to many projects at the moment, as banks were also discouraging developers from undertaking the scheme because of speculative activities.

"Notably, Hua Yang Bhd's and Crescendo Corp Bhd's projects do not use this scheme, so they would be least affected in terms of demand. So, in terms of fundamentals, it should not hurt demand too much, particularly for the bigger developers.

"It would affect stock sentiment in the short run, so do expect further sell-downs if the curb on DIBS materialises not even the high dividend-yielding ones would be spared," they opined.

In the medium term, Kenanga Research does not expect prolonged sell-downs, as the Government was already talking about implementing the build-then-sell model, which would restrict future supply and lend strength to demand and larger players such as SP Setia Bhd, Mah Sing, IJM Land Bhd and UEM Sunrise Bhd.

"Currently, our sector is under review. Our existing call is overweight' and we are likely to maintain this, but with a more selective or buy-on-weakness stance. We are likely to continue promoting affordable developers like Hua Yang and Crescendo due to their resilient demand-based profile. We also like Johor-based developers like UEM Sunrise, as we believe there would be more positive news flows towards the year-end, for example, the Malaysia-Singapore Rapid Transit System, the listing of Iskandar Waterfront Holdings Sdn Bhd and more strategic tie-ups," they added.

Concurrently, Maybank Investment Bank Research said assuming DIBS packages were banned, it estimates the worst-case scenario to be a marginal 0.7 percentage point to be shaved off its 2014 industry loans growth forecast of 10.5% to 9.8%.

"We believe domestic banks have been more tempered in their exposure to the mortgage segment, and channel checks point to limited exposure at this stage. We maintain our industry loan and earnings forecasts for the individual banks for now.

It explained that general guidance was that such loans had made up 15%-20% of new mortgage loans over the past few years.

Thus, some dampening effect was to be expected.

"Nevertheless, we believe the impact is likely to be contained by the fact that the housing loan growth of the Big Six' banks has been measured and such loans account for less than 5% of total residential loans for the big banks."

PropertyTalk & Lifestyle Malaysia https://www.facebook.com/groups/115179435202482/[MRT REAL ESTATE AS OF JUNE 2013] * Pedestrian connection will be further confirmed at later stage, however, depending on developments, some developers have proposed to build a link bridge or underpass or road connection with the station.

Maybe not the usual mall... more of shops and plaza.. like solaris mk or solaris dutamas.

Yup, I too believe that most likely they will go along that line.

Btw Accetera boss, for your organised meet next Saturday, seems like there are 2 sessions, PTLM at 3pm and then the Foresta one at 6pm.I cant make it for the PTLM at 3 so means I head to the other venue at Damansara Foresta Sales Gallery, Bandar Sri Damansara at 6pm? And how do I RSVP for this one? Thx

Btw Accetera boss, for your organised meet next Saturday, seems like there are 2 sessions, PTLM at 3pm and then the Foresta one at 6pm.I cant make it for the PTLM at 3 so means I head to the other venue at Damansara Foresta Sales Gallery, Bandar Sri Damansara at 6pm? And how do I RSVP for this one? Thx

KUALA LUMPUR, June 17 (Bernama) -- The second and third lines of the Mass Rapid Transit (MRT) system is expected to serve Putrajaya, MRT Corporation Sdn Bhd Chief Executive Officer Datuk Azhar Abdul Hamid said today.

He said the Land Public Transport Commission was preparing a working paper with regard to the new lines which would be presented to the government for approval.

"We are expecting good news (approval from the government) by year-end," he told reporters after visiting MRT's centralised labour quarters (CLQ).

Azhar said the working paper by the commission would cover the second and third lines of the MRT but the execution would depend on the government if it wants to implement both lines simultaneously or one after the other.

He also said the second line may ply between Sungai Buloh and Putrajaya but however nothing has been finalised.

On the CLQ, Azhar said the centre would cater for the accommodation requirement of foreign workers and a small percentage of local personnel.

At the peak of the MRT construction, about 13,000 workers are expected to be deployed in the project.

MRT would build four centres for approximately RM100 million to accommodate 12,000 workers in Sungai Buloh, Cochrane, Cheras and Kajang.

Besides accommodation, the CLQ would also house a surau, health bay, cafeteria, recreation area, several sundry shops and the state-of-the art security system which can only be activated by face recognition.

The first line of the MRT project is expected to be completed in July 2017 and it will have the maximum capacity to ferry 400,000 passengers daily with a catchment area of 1.2 million living along the Sungai Buloh-Kajang stretch.

LRT, MRT are the best maps for hunting worthy property FOR those who have attended talks by reputable local mapmaker Ho Chin Soon, they would know by now that his mantra goes like this: "Follow the infrastructure." That being the case, light rail transit (LRT) and mass rapid transit (MRT) trails are the best maps for anyone hunting down that property with good appreciative value. When the train starts running, Ho of Ho Chin Soon Research says, students and expats or anyone who cannot afford their own place and relies on public transportation would rent around train stations. "And if rent yield is good, that means price will be good for the property," he says after a talk on Bukit Jalil as a strategic location, hosted by Trinity Group Sdn Bhd. "With developments extending to Sungai Buloh and Cyberjaya, Bukit Jalil is a central area within Klang Valley." Using the Kinrara Army Camp as a centre of gravity, Bukit Jalil sits within a 22km radius - what Ho dubs the first-tier location that captures ample medical facilities available. What more it has two new LRT stations in construction and many road improvements underway, and the effect will spillover to surrounding areas like Puchong too. North of Bukit jalil, Overseas Union Garden (OUG) is reported to site the monorail extension which is proposed to run from KL Sentral, through Old Klang Road and snake all the way to Bandar Sunway. "Currently the average growth for Kuala Lumpur house price is 6.71% per annum. Buyers can expect a good return on investment in a mere five years once all the roads and rail projects are completed." Boutique developer Trinity Group - not to be confused with Trinity Corp Bhd - has hit the nail on the head with its Bukit Jalil residential high-rise which are taking shape alongside the Bukit Jalil LRT extension just a stone's throw away. The latest to be launched by the company, Z Residence will be close to two LRT stations, one only 350 m away while the other about 500 m away. "Not only the LRTs are here, the road improvements around the area are 70% to 80% completed," Ho says of the development. Furthermore, a Chinese school will be relocated to Bukit Jalil from Jalan Ampang, enhancing a family-friendly environment. The freehold Z Residence can be seen starkly from the Shah Alam Highway, sited adjacent to Kiara Residence which is leasehold. Access to this enclave is not limited to the LRTs and roads from the Bukit Jalil end but also via Jalan Awan Besar and a smaller link via Jalan Awan Cina from OUG. The 1136-unit Z Residence, targeted to be completed in June 2014, has a 95% take-up rate since its official launch in August 2011. "The positive response to the project signals a robust demand for developments situated within a strategic location with great infrastructure, facilities and for products with cutting-edge concepts and themes," general manager Ng Ching Yee says. As for the other ongoing development Zeva @ Equine South, 92% has been taken up since its launch in September 2012, a reflection of the growing appeal for mixed-use developments. Zeva is targeted to be completed in June 2015. Ng also reveals that Trinity has another condominium project in the pipeline, targeted to be launched in the first quarter next year. "We will be launching a new project sited on a 1.41ha freehold land in Sungai Besi. We are not able to share much about the project at this point of time but it will carry Trinity's hallmark of high quality and high value with a stylish edge," she says. One thing is for sure, Trinity will stick by its philosophy of building affordable high-end products. "We believe that property buyers today are not driven by price but value and innovation is key to creating value for our customers. Good design can lower cost, attract attention and communicate value to the intended target audience." In value-adding its customers, Trinity has made a RM3mil investment to improve the connectivity to Z Residence immediately when the project is completed. The missing link it is building to connect the development to Bukit Jalil Highway will benefit the entire vicinity. This is not the first time the group has worked out assessibility to its projects. For its Zest @ Kinrara 9 project completed and handed over early last year, Trinity also erected a RM7mil access ramp to ease the traffic congestion towards the development. "We were certain that with the improved accessibility and connectivity, the property price in the vicinity would be greatly enhanced. True to our expectations, the price of the serviced apartments generally shot up to 89% higher than the developer's price right after vacant possession." As a indication, Zest, which sold at RM250,000 for a 1,213 sq ft unit in 2009, has a sub-sale price of RM530,000 today. The four-block Z Residence is priced at RM452 to RM525 per sq ft, more affordable than neighbouring projects like Exsim Development Sdn Bhd's Twin Arkz at RM700 per sq ft and Berjaya Properties' KM1 at RM650 per sq ft. Z Residence has five layouts to choose from, ranging from 1,032 sq ft to 1,407 sq ft. Separately, Trinity has been on the hunt for overseas ventures as well, particularly in Asia. "We definitely have plans to look into the international market as that is the only way to expand," Ng says. She adds that the group is in talks with a few landowners and joint-venture partners. At the moment, the promising deals are now centred in China and Singapore while Cambodia and Thailand remain potential countries. As for what Trinity intends to build overseas, Ng says it would depend on the target market and pricing when the time comes. "Currently, we are studying several proposals from our joint-venture partners but we have not decided on anything concrete. So we don't think that we will have any overseas projects coming on stream next year."

I'd take it with a pinch of salt. Not all projects near the mrt will be a goldmine whereas a project not near the mrt wont necessarily perform poorer than those near the line/stations.

Totally agree. Look at Gaya Bangsar. So many empty units for 2 yrs now. Right next door to MRT but with sky high prices, those who seek public transport cannot afford such property (even rent). Those who can afford to rent/buy, dont need to use the LRT/MRT.

Totally agree. Look at Gaya Bangsar. So many empty units for 2 yrs now. Right next door to MRT but with sky high prices, those who seek public transport cannot afford such property (even rent). Those who can afford to rent/buy, dont need to use the LRT/MRT.

Totally agree. Look at Gaya Bangsar. So many empty units for 2 yrs now. Right next door to MRT but with sky high prices, those who seek public transport cannot afford such property (even rent). Those who can afford to rent/buy, dont need to use the LRT/MRT.

I believe only mid-end products works well with MRT nearby.

Yes, agreed but based on the price they selling have made a hefty gain..

If buyers selling it a bit lower, then will be snatch up by buyers easily... We could only say Gaya Bangsar owners are those rich owners with holding power...

Totally agree. Look at Gaya Bangsar. So many empty units for 2 yrs now. Right next door to MRT but with sky high prices, those who seek public transport cannot afford such property (even rent). Those who can afford to rent/buy, dont need to use the LRT/MRT.

I believe only mid-end products works well with MRT nearby.

I agree with you... Properties located nearby LRT or MRT must be within affordable range.. For people who dont have a car to commute around... Their budget is anything less than RM3k ( And most of them prefer anything with 2 to 3 bedrooms)

We are talking about lower budget expats...

Because ppl who can afford a car or a luxury rental does not necessary requires public transport to commute around.. They's rather stay far away, and a better quality condo...

They either have a driver or they own a car...Big companies sure give allowance for that..

And besides Malaysian Public Transport a'int that efficient also...

For example.. Look at Mont Kiara..

No LRT, high ticket items... better quality lifestyle also..

WHo wants to stay near Gaya Bangsar.. Congested area.. and Expensive at the same time..

I'd take it with a pinch of salt. Not all projects near the mrt will be a goldmine whereas a project not near the mrt wont necessarily perform poorer than those near the line/stations.

+1Added on

QUOTE(shaybaby @ Jul 29 2013, 10:18 AM)

I agree with you... Properties located nearby LRT or MRT must be within affordable range.. For people who dont have a car to commute around... Their budget is anything less than RM3k ( And most of them prefer anything with 2 to 3 bedrooms)

We are talking about lower budget expats...

Because ppl who can afford a car or a luxury rental does not necessary requires public transport to commute around.. They's rather stay far away, and a better quality condo...

They either have a driver or they own a car...Big companies sure give allowance for that..

And besides Malaysian Public Transport a'int that efficient also...

For example.. Look at Mont Kiara..

No LRT, high ticket items... better quality lifestyle also..

WHo wants to stay near Gaya Bangsar.. Congested area.. and Expensive at the same time..

I agree with you... Properties located nearby LRT or MRT must be within affordable range.. For people who dont have a car to commute around... Their budget is anything less than RM3k ( And most of them prefer anything with 2 to 3 bedrooms)

We are talking about lower budget expats...

Because ppl who can afford a car or a luxury rental does not necessary requires public transport to commute around.. They's rather stay far away, and a better quality condo...

They either have a driver or they own a car...Big companies sure give allowance for that..

And besides Malaysian Public Transport a'int that efficient also...

For example.. Look at Mont Kiara..

No LRT, high ticket items... better quality lifestyle also..

WHo wants to stay near Gaya Bangsar.. Congested area.. and Expensive at the same time..

If you read the article carefully, it is asking readers to use the map and compare prices of properties around the area.

That is how I am reading the article.

I beg to differ though - the article starts with one premise (great valued projects are located close to the mrt) but ends with another (developers are doing various exciting things, some not related to the mrt factor). For this i only refer to the first part.

If you read the article carefully, it is asking readers to use the map and compare prices of properties around the area.

That is how I am reading the article.

I beg to differ though - the article starts with one premise (great valued projects are located close to the mrt) but ends with another (developers are doing various exciting things, some not related to the mrt factor). Quite strange in my opinion (maybe i need to reread it). For this i only refer to the first part.

how can the line be circle if it run from sg buloh to putrajaya ? bit doubt on the talk of MRT 2...initially mrt 2 is frm sg buloh to putrajaya then circle line is witiin city center not reach the two area of sg buloh and putrajaya.

how can the line be circle if it run from sg buloh to putrajaya ? bit doubt on the talk of MRT 2...initially mrt 2 is frm sg buloh to putrajaya then circle line is witiin city center not reach the two area of sg buloh and putrajaya.

+1Am wondering the same. So are they going to announce both Line 2 & 3, ie Sg Buloh to Putrajaya line and also Circle line? Or just the radial line and then only circle line at a yet later time?

If they really want to expand..the first area is SETIA ALAM..where PNB via SP SETIA has huge interest there...the 1 malaysia medical center is built there as well...kind of more reasonable extend from sg buloh to setia alam also...

If they really want to expand..the first area is SETIA ALAM..where PNB via SP SETIA has huge interest there...the 1 malaysia medical center is built there as well...kind of more reasonable extend from sg buloh to setia alam also...

why build MRT in setia alam? the population density is very low there compared to places like PJ.

places like sunway and subang will not have MRT for the time being as priority is to serve the ridership towards KL City first..

I would like to get some opinion on this issue as i'm not very well-versed in property matters...

Say i live in an area where the MRT project is announced (pretty much walking distance)... Certainly my property would appreciate in value... But let's say my area is already very well-developed and there aren't any more development planned in the vicinity (shopping malls, offices etc) so the MRT project is pretty much the sole reason for the appreciation of the surrounding property... The project would take years to complete, so would the prices of the property continue to rise throughout those years? And if i'm planning to sell my property, when would be the best time? When it's completed? Or wait a few more years AFTER it's been completed? Is there a risk that after the project has been completed, the property prices would then reach it's max and start to depreciate? Thanks for any opinions on this...

but what if i want to sell because my family just can't stand the noise and overcrowding (which would be much worse later on)? And the idea of renting it out is also out of the question as we could use the money for a home in a more "relaxing" location..

MRT location not purely based on density...even though they claim this is one of the reason...good example is tmn tun staton..high density do u think ? we are discussing the mrt station..not property up or down..you looks not very with SP SETIA ha..ha...recently the bank are very conservative in giving loan.especailly those 700k abv which is the case of setia alam..not much people can afford..but this is the case...nowadays new landed township already in this price..even rawan already touch 600k..!

MRT location not purely based on density...even though they claim this is one of the reason...good example is tmn tun staton..high density do u think ? we are discussing the mrt station..not property up or down..you looks not very with SP SETIA ha..ha...recently the bank are very conservative in giving loan.especailly those 700k abv which is the case of setia alam..not much people can afford..but this is the case...nowadays new landed township already in this price..even rawan already touch 600k..!

The correct word is "density" of ridership. Meaning to say the people sampled are those who would take public transport, example - office or retail shop workers.

TTDI is classified as high density because the surrounding areas of Damansara and the traffic flow for people working in the surrounding areas. Besides that, they will also take into account the "connecting" areas that need to be connected, in this case: it must be enroute from Sg Buloh heading towards KL City. (intra-city mode)

MRT location not purely based on density...even though they claim this is one of the reason...good example is tmn tun staton..high density do u think ? we are discussing the mrt station..not property up or down..you looks not very with SP SETIA ha..ha...recently the bank are very conservative in giving loan.especailly those 700k abv which is the case of setia alam..not much people can afford..but this is the case...nowadays new landed township already in this price..even rawan already touch 600k..!

TTDI station direct next to Glomac Damansara, Desa Kiara and few other condo.and also walking distance to the commercial area and housing area.